News

Life Quotes, Inc., a life insurance resource center, compiled a list of the 10 dumbest insurance fraud schemes of all time.  

Deutsche Bank and Invesco PowerShares Capital Management, LLC have launched six exchange-traded notes (ETNs) linked to the foreign sovereign bond futures.

Women are increasingly making their own decisions about how to invest money, and are more likely to use advisers than men, according to Mintel, a market research firm. 

According to Cogent Research, institutional investors are more concerned about an asset manager's stability than its performance record.

A survey from The Principal finds that non-qualified deferred compensation (NQDC) solutions continue to be viewed by employers and participants as a valuable benefit.

Prudential Investments added two mutual funds to its real estate offerings.

Jackson National Life Insurance Company developed an online tool to help advisers build customized investment portfolios for their clients.  

In its “Advisor Assets in Motion” report, Cogent Research found nearly 50% of advisers are not winning as many rollover assets as they could be.  

Brinker Capital created the Crystal Strategy 1, which focuses on bringing diversification, transparency, and liquidity to alternative investments.

Total assets held in employer-sponsored retirement plans was $10.2 trillion at the end of 2010, up 11% from $9.3 trillion a year earlier, a Spectrem Group analysis indicates.

An analysis from Vanguard finds that about half of mixed target-date investing - holding a target-date fund in combination with other investments - stems from sponsor actions.

ProShares launched what it says is the first exchange-traded fund (ETF) that provides inverse exposure to the high yield bond market.

The board of directors of MetLife, Inc. announced that Executive Vice President and Chief Investment Officer Steven A. Kandarian will become MetLife’s president and chief executive officer on...

McCready and Keene, a OneAmerica company, announced that its trust solution platform, Premier Trust, is available for distribution via registered representatives.

A Louisville medical center did not breach its fiduciary responsibility by transferring the plan balances of two employees from a stable value fund to an asset allocation fund.

The U.S. Supreme Court rejected a request to review a decision by an appellate court that a cash balance pension plan that cut off interest credits of participants...

Plan ratings provider BrightScope has widened its focus, and now has incorporated 403(b) plan data into the BrightScope Rating system. 

Putnam Investments announced plans to offer a suite of income-oriented funds that aim to help Boomers and retirees develop strategies based on their risk tolerance.  

The Newport Group opened a client service center in Dallas to support its growing deferred compensation and executive benefits business services.

The Employee Benefit Research Institute (EBRI) found men and women are equally likely to say they (and/or their spouse) have saved for retirement or are currently saving for...